VINS Sixth Annual Conference

 

The Sixth Annual Volatility Institute Conference at NYU Shanghai

 “Economic and Financial Implications of COVID-19”

 

ORGANIZERS:

Volatility Institute at NYU Shanghai

 

 

CONFERENCE THEME

Covid-19 pandemic has infected millions of people and caused hundreds of thousands of deaths globally. The numbers are still growing, and the pandemic is far more than a health crisis. Today in a highly inter-connected and inter-dependent world never seen before, the impacts of the Covid-19 global pandemic like no others. What are the impacts of the Covid-19 pandemic on the real economy in both long term and short term? How would the pandemic change consumers’ behaviors? Are the changes temporarily or permanently? How would the Covid-19 pandemic affect financial markets? What should be the appropriate policies responding to the pandemic? The answers to these questions, among many other Covid-19 related questions, are far from certain. The conference would like to invite submissions on Covid-19 related topics. There will be keynote speeches, papers presentations, and a panel discussion at the conference.

CONFERENCE PROGRAM

 

OPENING REMARKS

  • Jianye Wang(Co-Director of Volatility Institute) & Jeffrey Lehman ( Vice Chancellor of NYU Shanghai) (Video1|Video2)

KEYNOTE ADDRESS

  • Edward I. Altman(Max L. Heine Professor of Finance at the Stern School of Business, New York University)– “Covid-19 and the Credit Cycle ” (Video1|Video 2Paper|Slides)
  • Darrell Duffie(The Adams Distinguished Professor of Management and Professor of Finance at Stanford Graduate School of Business)– “Still the World’s Safe Haven? -- Redesigning the U.S. Treasury Market After the COVID- 19 Crisis” (Video1|Video2Paper|Slides)
  • Viral V. Acharya(Professor of Economics at New York University Stern School of Business and an Academic Advisor to the Federal Reserve Banks of New York and Philadelphia)– “What explains the crash of bank stock returns during COVID-19? ” (Video1|Video2)
  • Robert F Engle(2003 Nobel Laureate in Economics; Co-Director, the Volatility Institute at NYU Shanghai and Stern Volatility and Risk Institute; Michael Armellino Professor of Management and Financial Services, NYU Stern School of Business) – “COVID-19 and climate change: challenges for investors (Video1|Video2|Slides)

 

RECORDED PAPER SESSION

As an international conference, we spent significant time discussing how to accommodate as many time zones as we could, to facilitate time management, we finally agreed to use pre-recorded presentations for the paper presentation sessions.

Part I Economic Implications of COVID-19

  • Xuan Wang (University of Oxford /VU Amsterdam and Tinbergen Institute) – “Support for Small Businesses AMID COVID-19” (Video1|Video2|Slides)
  • Virginia Di Nino & Bruno Veltri (European Central Bank) – “The viral effects of foreign trade and supply networks in the euro area” (Video1|Video2|Slides)
  • Hongyi Liu (Washington University in St. Louis) – “Does finance benefit society? A language embedding approach” (Video1|Video2|Slides)
  • Marco Brianti (Boston College) – “The Economic Effects of COVID-19 and Credit Constraints: Evidence from Italian Firms’ Expectations and Plans (Video1|Video2|Slides)

 

Part II Financial Market and COVID-19

  • Lorenzo Schoenleber (Collegio Carlo Alberto and University of Turin) – “Pandemic Tail Risk” (Video1|Video2|Slides)
  • Xiao Xu & Harrison Hong (Columbia University) – “Pandemics, Vaccines and Corporate Earnings” (Video1|Video2|Slides)
  • Wenxi Jiang (The Chinese University of Hong Kong) – “Does Liquidity Management Induce Fragility in Treasury Prices? Evidence from Bond Mutual Funds” (Video1|Video2|Slides)
  • Prabhava Upadrashta (Duke University) – “Have Private Equity Owned Nursing Homes Fared Worse Under COVID-19?” (Video1|Video2|Slides)

 

CONFERENCE SCIENTIFIC COMMITTEE

Professor Yakov Amihud, NYU Stern School of Business, New York City, United States

Professor Viral Acharya, NYU Stern School of Business, New York City, United States

Professor Menachem Brenner, NYU Stern School of Business, New York City, United States

Professor Jennifer Carpenter, NYU Stern School of Business, New York City, United States
Professor Robert Engle, NYU Stern School of Business, New York City, United States
Professor Stephen Figlewski, NYU Stern School of Business, New York City, United States

Professor Hua He, Cheung Kong Graduate School of Business, Beijing, China

Professor Matthew Richardson, NYU Stern School of Business, New York City, United States

Professor Marti Subrahmanyam, NYU Stern School of Business, New York City, United States

Professor Qian Sun, Fudan University, Shanghai, China
Professor Jianye Wang, Volatility Institute, NYU Shanghai, Shanghai, China
Professor Yexiao Xu, University of Texas at Dallas, Dallas, United States
Professor Hong Yan, Shanghai Advanced Institute of Finance at Shanghai Jiao Tong University, Shanghai, China
Professor Chu Zhang, Hong Kong University of Science and Technology, Hong Kong, China
Professor Harold Zhang, University of Texas at Dallas, Dallas, United States

Professor Zhenlong Zheng, Xiamen University, Xiamen, China

CONTACT INFORMATION

Email: vins@nyu.edu

Telephone: +86 021 2059 5745

Address: Room 1118, NYU Shanghai, 1555 Century Avenue, Pudong, Shanghai, China, 200122

* Use Worldclock to conveniently convert these China Standard Time (Shanghai City) to your time zone.